Important notices
Scheduled maintenance for iOCBC on Saturday, 27 Feb 2021 to Sunday 28 Feb 2021

27/02/2021

The iOCBC internet trading portal and TradeMobile app will be unavailable during the period shown below due to scheduled system maintenance.

Saturday, 27 Feb 2021, 09:00am – Sunday 28 Feb 2021, 11:00pm

We apologise for any inconvenience caused.

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US SEC Fees Change effective for trades settled on or after 25 Feb 2021

Please be informed that the US SEC fees will be reduced from 0.00221% to 0.00051%  for SELL trades in the US market with settlement date on or after 25 February 2021. 

The SEC press release is found https://www.sec.gov/news/press-release/2021-8.

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Portfolio information may not be updated on iOCBC

Due to technical issues, the following pages and information may not be accurate in iOCBC:
a) Portfolio
b) Trade History

To avoid trading errors, please
1) check the status of your existing iOCBC orders in “Today’s Orders” and “Past Orders” section; and
2) confirm the above information with your Trading Representative before placing any new orders.

For assistance please call us at 1800 338-8688 / (65) 6 338 8688. We apologise for any inconvenience caused.

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Restrictions on transactions in publicly traded securities of Communist Chinese Military Companies

On 12 November 2020, the President of the United States issued Executive Order 13959 (“EO 13959”) which imposes restrictions on transactions in publicly traded securities of Communist Chinese Military Companies (“CCMC”), or any securities that are derivative of, or are designed to provide investment exposure to these securities, wherever they are listed.

The restrictions apply to US persons, who are prohibited from making new investments in the impacted securities from 11 January 2021 onwards, but are allowed to divest the said securities till 11 November 2021, and for any CCMC that is subsequently added to the list 365 days from date such CCMC is added to the list.

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US American Depositary Receipts (ADR) delisting from NYSE

In compliance to the US Executive Order 13959, the following Chinese ADRs are impacted

1. Delisting of 3 Chinese ADRS

NYSE will delist the 3 ADRS (CHL, CHA and CHU) on 11 Jan 2021, Monday 4 a.m. E.T before market opens. The 3 ADRs will no longer be tradable through the US Exchanges from 11 Jan 2021 onwards.

2. Only sell orders for 35 stocks are accepted from today 8 Jan 2021 onwards

Please note that with effect from today, our US brokers are accepting only Sell Orders for the 35 companies listed below in compliance to the US Executive Order 13959. Clients can only sell these counters. Buying is prohibited.

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Supporting you safely for all your trading needs

With all safe-distancing measures in place, our call centre, service counters and dealers continue to assist you.

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Other notices
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